Mergers and Acquisitions

Rental Demand Spurs $4B Deal

Mid-America Apartment Communities Inc said it would buy Post Properties Inc for about $3.88 billion to create the largest publicly traded multifamily apartment real estate investment trust by units.

Wal-Mart In Talks to Buy Jet.com: WSJ

Wal-Mart (NYSE:WMT) is in talks to buy online discount retailer Jet.com according to the Wall Street Journal in what would mark a disappointing end for one of the most ambitious challengers to Amazon (NASDAQ:AMZN).

Verizon to Buy Fleetmatics for About $2.4B

Verizon Communications said Monday that it agreed to acquire mobile workforce-solutions company Fleetmatics Group in a cash deal valued at roughly $2.4 billion, widening Verizon's fleet operations as it looks to diversify.